Loss Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Loss Per Share

Note 10 – Loss per share

Basic loss per common share is calculated by dividing the net loss for the year by the weighted-average number of common shares outstanding during the period. Due to the Company’s net loss for the years ended December 31, 2023 and 2022, all potential common stock equivalents were anti-dilutive.

The following table summarizes basic and diluted loss per share for the years ended December 31, 2023 and 2022 (in thousands, except per share amounts):

	Year Ended December 31, 2023			Year Ended December 31, 2022
Basic and diluted loss per share:
Net loss	$	(34,813	)	$	(43,174	)
Weighted average common shares    outstanding - basic		43,013,825			42,709,706
Dilutive effect of potentially    issuable shares		—			—
Weighted average common shares    outstanding - diluted		43,013,825			42,709,706
Basic loss per share	$	(0.81	)	$	(1.01	)
Dilutive effect of potentially    issuable shares		—			—
Diluted loss per share	$	(0.81	)	$	(1.01	)
Common share equivalents    excluded due to anti-dilutive effect		55,046,280			52,784,891